66
See all 66 photos
$1,650,000
Est. payment /mo
9 Beds
8 Baths
Active Under Contract
660 Stanley Avenue Long Beach, CA 90814
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID OC25099773
Bedrooms 9
Property Sub-Type Res Income 2-4 Units
Property Description
Are you looking for a great 4 plex in a prime rental area of Long Beach with a tremendous amount of upside? If so, this is your opportunity! 660 Stanley Avenue is a 4 unit investment property made up of a front 3 bedroom and 2 bathroom unit, and three 2 bedroom/1.5 bathroom units. The property includes a shared laundry room, detached garages that accommodate 5 vehicles, and an open common area at the back of the building. 3 of the 4 units are vacant and ready to rent. The fourth unit has a long term tenant whose term lease has reverted to a month-to-month lease with under market rent. Again, a tremendous amount of upside with rents, as well as potential ADU development (Buyer to verify). In terms of location, it doesn't get any better than this. The property is located in a prime rental area, and is conveniently close to Long Beach State University, the beach, downtown, shopping, dining, entertainment, and much more.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Cross Streets are E. 7th Street and Loma Ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7262030008
Special Listing Condition Probate Sbjct to Overbid
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Listed by Mark Lima Lima Real Estate Group
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